CENLUB INDUSTRIES LIMITED › finance › annual-reports-of-applicants.pdf1 Vijendra Kumar Mittal 10.80 444,857 2 Madhu Mittal 11.92 491,168 3 Ansh Mittal 8.31 342,342 Note : 4 Reserve

Particulars Note As At 31st March 2017

EQUITY AND LIABILITIESShareholder's Funds(a) Share Capital 3 41,200,000 (b) Reserves and Surplus 4 145,477,327

Non‐Current Liabilities(a) Long‐Term Borrowings 5 9,910,969 (b) Deferred Tax Liabilities (Net) 6 2,883,871 (c) Long Term Provisions 7 9,650,453

Current Liabilities(a) Short‐Term Borrowings 8 91,988,889 (b) Trade Payables 9 64,002,040 (c) Other Current Liabilities 10 16,393,070 (d) Short‐Term Provisions 11 11,811,591

Total Equity & Liabilities 393,318,212

ASSETSNon‐Current Assets(a) Fixed Assets Tangible Assets 12 97,152,246 Intangible Assets 12 586,757 Capital Work in Progress ‐

97,739,003 (b) Non‐current investments 13 17,578,794 (c) Long term loans and advances 14 32,102,579

Current Assets(a) Current investments(b) Inventories 15 50,803,498 (c) Trade receivables 16 107,742,965 (d) Cash and cash equivalents 17 82,794,006 (e) Short‐term loans and advances 18 4,437,639 (f) Other current assets 19 119,728

Total Assets 393,318,212 Significant Accounting Policies 2 0 The accompanying notes are an integral part of the financial statementsAs per our report of even date

FOR CENLUB INDUSTRIES LIMITED

VIJENDRA KUMAR MITTALMANAGING DIRECTOR

Place : FaridabadDATED: 02/05/2017

CENLUB INDUSTRIES LIMITED

PROVISIONAL BALANCE SHEET AS AT 31st March, 2017


INCOMERevenue from operations 20 355,346,623 Other Income 21 7,301,102

Total Revenue(I) 362,647,726

EXPENSESCost of materials consumed 195,697,274 Purchase of Stock‐in‐Trade ‐ Changes in inventories of finished goods, work‐in‐progress and Stock‐in‐Trade 22 8,484,484 Employee Benefit Expense 23 55,584,855 Other Expenses 24 50,307,561

Total Expenses (II) 310,074,174

Profit before Interest, Depreciation & Tax (I ‐ II) 52,573,552

Financial Costs 25 11,835,423 Depreciation and Amortization Expense 12 4,079,296 Profit before Exceptional Items and tax 36,658,832

Extraordinary Items ‐ Profit before tax 36,658,832

Tax expense:Current tax 10,500,000 Income Tax Earlier Years 623,420 Deferred tax

Profit/(Loss) for the period 25,535,412

Earning per equity share: (1) Basic 6.20 (2) Diluted 6.20 Significant Accounting Policies 2The accompanying notes are an integral part of the financial statementsAs per our report of even date

FOR CENLUB INDUSTRIES LIMITED

VIJENDRA KUMAR MITTAL MANAGING DIRECTOR

Place : FaridabadDATED: 02/05/2017

PROVISIONAL PROFIT & LOSS STATEMENT FOR THE YEAR ENDED 31st March 2017


Notes to Financial Statements for the year ended 31st March, 2017

Note : 3 Share CapitalSr. No

Particulars As At 31st March

2017 1 AUTHORIZED CAPITAL

50,00,000 Equity Shares of Rs. 10/‐ each 50,000,000

50,000,000 2 ISSUED , SUBSCRIBED & FULLY PAID UP CAPITAL

41,20,000 Equity Shares of Rs. 10/‐ each 41,200,000

Total 41,200,000 NOTE:

1

2

3 Reconcilation of the Number of sharesParticulars 31st March 2017

No. of SharesOutstanding at the beginning of the year 4,120,000 Outstanding at the end of the year 4,120,000

4S.No. Promoters’ Holding

% Holding No. of Shares1 Vijendra Kumar Mittal 10.80 444,857 2 Madhu Mittal 11.92 491,168 3 Ansh Mittal 8.31 342,342

Note : 4 Reserve & SurplusSr. No


2017 1 General Reserve ‐

2 Surplus (Profit & Loss Account) 145,477,327 Balance brought forward from previous year 119,941,915 Add: Profit for the period after Tax as per Profit & Loss Account 25,535,412 Add: AppropriationsDepreciation Write Back extra charged in earlier years ‐ Total 145,477,327


31st March 2017

The Company has only one class of shares referred to as equity shares having a par value ofRs. 10. Each holder of equity shares is entitled to one vote per share.The Company has not declared any dividend during the year.

Shares held by each shareholder holding more than 5% shares


Note : 5 Long Term BorrowingsSr. No


2017

1 Term Loan (Secured) ‐ From Banks 13,803,133 ‐ From Other Parties (NBFC) 2,659,907

16,463,040 Less: Shown in Current Maturities of Long Term Debt 6,522,660

(Sub Total A) 9,940,380 (Secured by hypothecation of vehicles)

2 Term Loan (Un Secured) ‐ From Bank ‐ From Other Parties (NBFC) 29,411‐

29,411‐ Less: Shown in Current Maturities of Long Term Debt

(Sub Total B) 29,411‐

Total 9,910,969

NOTE:1 Terms of repayment and interest are as follows:‐

Loan From No. of Install.Left

Year of Maturity

As At 31st March 2017

1 Bajaj Finance Ltd. 1 2016‐17 ‐ 2 Tata Capital Financial Services Ltd. 5 2016‐17 29,411‐ 3 HDFC Bank (LAP) 91 2022‐23 13,374,818 4 ICICI Bank Ltd. 41 2019‐20 118,671 5 Volkswagon Finance (P) Ltd 48 2020‐21 2,688,349 6 Kotak Mahindra Bank Ltd.7 State Bank of India ‐ 8 Tata Capital Financial Services Ltd. ‐ 9 Tata Capital Financial Services Ltd. ‐

16,152,427 Less: Shown in current maturities of Long Term debt 6,522,660 Balance shown as above 9,629,767

Note : 6 Deferred Tax Liabilities (Net)Sr. No

Particulars As At 31st March 2017

1 Deferred Tax LiabilityDifference between carrying amount of Fixed assets infinancial statement and income tax computation 6,288,459 LESS:

2 Deferred Tax AssetLeave Encashment/ Gratuity/ Bonus 3,404,588

Total in 2,883,871



Note : 7 Long Term ProvisionsSr. No


1 Provision for Employee BenefitsGratuity 8,429,533 Leave Encashment 1,220,920

Total in 9,650,453

Note : 8 Short Term BorrowingsSr. No


From BankCash Credit 89,446,656 Bill Discounting From HDFC Bank 2,542,234 Total in 91,988,889

Secured Byi) Hypothecation of all current assets of the Companyii) Equitable Mortgage of Land, building at Faridabad, Thane, Rajkot & Bengaluru and pledge of Fixed deposits ofiii) Guaranteed by (5) Directors

Note : 9 Trade PayableSr. No


1 Micro & Small Enterprises2 Others 64,002,040

Total 64,002,040

Note : 10 Other Current LiabilitiesSr. No

ParticularsAs At 31st March 2017

1 Advance From Customers 5,996,554 2 Statutory Liabilities 2,325,764 3 Current Maturities of Long Term Debt

From Banks 6,522,660 From Others ‐

4 Unpaid Dividend 1,548,093

Total 16,393,070



Note : 11 Short Term ProvisionsSr. No


1 Provision for Taxation 3,663,000 2 Others Provisions 8,148,591

Total 11,811,591



Note : 12 Fixed AssetII. Fixed Assets

Value at the beginning

Addition during the

year

Deduction during the

year

Value at the end


Addition during the

year


year Adjustment*

Value at the end

WDV as on 31.03.2017

WDV as on 31.03.2016

I Tangible Assets1 Plant and Equipment 33,141,879 1,275,140 ‐ 34,417,019 17,201,030 1,697,151 18,898,181 15,518,838 15,940,849 2 Furnitures & Fixtures 3,915,409 7,038 ‐ 3,922,447 2,448,647 338,598 2,787,245 1,135,202 1,466,762 3 Office Equipment 2,452,700 14,141 2,466,841 1,959,599 168,107 2,127,706 339,135 493,101 4 Land 11,662,070 ‐ ‐ 11,662,070 ‐ ‐ 0 ‐ 11,662,070 11,662,070 5 Buildings 67,313,022 ‐ 67,313,022 7,284,456 323,470 0 7,607,926 59,705,096 60,028,566 6 Tools & Equipments 1,635,174 ‐ 1,635,174 1,382,959 81,342 1,464,301 170,873 252,215 7 Electrical Instalation 1,134,892 79,645 ‐ 1,214,537 502,655 100,350 603,005 611,532 632,237 8 Vehicles 11,422,595 1,954,317 110,000 13,266,912 4,109,092 1,148,320 5,257,412 8,009,500 7,313,503

‐ SUB TOTAL (A) 132,677,741 3,330,281 110,000 135,898,022 34,888,438 ‐ 3,857,338 0 38,745,776 97,152,246 97,789,303

II Intangible Assets1 Goodwill 1,500,000 ‐ ‐ 1,500,000 1,500,000 ‐ ‐ 1,500,000 ‐ ‐ 2 Software 1,717,354 ‐ ‐ 1,717,354 908,639 221,958 1,130,597 586,757 808,715

SUB TOTAL (B) 3,217,354 ‐ ‐ 3,217,354 2,408,639 ‐ 221,958 0 2,630,597 586,757 808,715

Total [A + B] (Current Year) 135,895,095 3,330,281 110,000 139,115,376 4,079,296 0 41,376,373 97,739,003 98,598,018 (Previous Year) 101,477,820 35,383,263 965,988 135,895,095 32,727,471 5,486,740 276,278 640,856‐ 37,297,077 98,598,018 68,750,349

Note: Adjustment is on Account of (excess)/ short depreciation charged in previous years

Depreciaton


Net BlockSr. No

Particulars Rate

Gross Block


Note : 13 Non Current InvestmentSr. No


AT COST1 Advance for Flat at Noida & Fbd 10,045,469 2 Plot 235 Sector‐58 FBD ‐ 3 Flate 4111 (Prestige) 6,176,906 4 Shares (Unqouted) 100,000 5 Shares (Quoted) 1,256,419

Total 17,578,794

Note : 14 Long Term Loans and AdvancesSr. No


(Unsecured ‐ Considered Good unless othewise stated)I) Loan to Subsidry 27,900,916

II) Security Deposita) Government Authoritiesb) Others 3,375,239

III) Earnest Money Deposit 826,425

IV) Other Loans & Advances ‐

Total 32,102,579

Note : 15 InventoriesSr. No


1 Raw Material 27,645,365 2 Work‐in‐Progress 21,563,730 3 Finished Goods ‐ 4 Stock‐in‐Trade 1,478,713 5 Stores & Spares 115,690 Total 50,803,498



Note : 16 Trade Recievables Sr. No


(Unsecured, Considered Good )1 Outstanding for a period exceeding six months from due date ‐

2 Others 107,742,965

Total 107,742,965

Note : 17 Cash & Cash EquivalentSr. No


1 Cash & Cash EquivalntsCash on Hand 518,712 Balance with BanksIn Current Accounts 8,588,842 In Dividend Accounts 1,551,843

2 Other bank BalanceTerm Deposits (Margin Money) ^ 2,700,000 Term Deposits (Others) Less than 1 year maturity 69,434,608

Total [ A + B + C ] 82,794,006

NOTE:

Note :18 Short Terms Loans and AdvancesSr. No


(Unsecured, Considered Good)1 Tax Payment (Net of Provisions) 641 2 Taxes and Duties Recoverable / Adjustable 1,099,456 3 Prepaid Expenses 870,260 4 Other Advances 2,467,282 Total 4,437,639

Note :19 Other Current AssetsSr. No


1 Interest Accrued on Fixed Deposits 119,728 2 Tata Capital Services ltdTotal 119,728


^ Fixed deposits under lien marked in favour of the bank for CC limits & bank guarantee which are not available for use of the company


Note: 20 Revenue from OperationsSr. No


1 Sales 352,964,513 2 Installation & Erection 2,382,110

Total 355,346,623

Note: 21 Other IncomeSr. No


1 Interest received 7,167,722 2 Profit on Sale of Assets (Net) ‐ 3 Dividend (On Current Investments) 2,080 4 Misc. Income 40,000 5 Rental Income 91,300

Total 7,301,102

Note : 22 Change in InventoriesSr. No


1 Opening StockWork in progress 30,048,214 Finished Goods ‐ Traded Goods 1,478,713

31,526,927 2 Closing StockWork in progress 21,563,730 Finished Goods ‐ Traded Goods 1,478,713

23,042,443 (Increase)/ Decrease 8,484,484

Note : 23 Employement Benefit ExpensesSr. No


(Refer Note No.41 On Employee Benefits)1 Salary, Wages, Bonus & Leave Encashment 50,680,011 2 Gratuity 400,000 3 Contribution to Provident and Other Funds 3,464,249 4 Staff Welfare Expenses 1,040,595

Total 55,584,855



Note : 24 Other ExpensesSr. No


1 Stores & Consumables 10,010,040 2 Power & Fuel 3,244,260 3 Processing Charges 2,608,287 4 Rates & Taxes 375,736 5 Rent 11,504,101 6 Travelling & Conveyance 5,177,133

Repair & Maintenance7 Plant & Machinery 688,213 8 Building 788,665 9 Others 520,233

10 Misc. Expenses 5,825,330 11 Communication Exp. 1,161,448 12 Selling Expenses 3,263,792 13 Sales Commission 389,208 14 Insurance Charges 460,188 15 Bad Debts 362,614 16 Freight Outwad 3,451,914 17 Directors Sitting Fee 76,400 18 Auditors Remuneration 400,000 19 Loss on sale of Assets ‐

Total 50,307,561

Scedule :25 Financial CostSr. No


1 Bank Charges 2,082,662 2 Interest on Term loan 1,959,146 3 Interest on unsecured loans 31,272 4 Interest on Other loans 7,762,343

Total 11,835,423




Non‐Current Liabilities(a) Long‐Term Borrowings ‐(b) Deferred Tax Liabilities (Net) 5 37,797 (c) Long Term Provisions 6 918,903

Current Liabilities(a) Short‐Term Borrowings ‐(b) Trade Payables 7 3,694,702 (c) Other Current Liabilities 8 5,206,513 (d) Short‐Term Provisions 9 1,150,058


ASSETSNon‐Current Assets(a) Fixed Assets Tangible Assets 10 12,029,380 Capital Work in Progress 2,327,964

14,357,343 (b) Non‐current investments ‐(c) Deferred Tax Asset (Net) ‐(d) Long term loans and advances 11 106,670 (e) Other Non‐Current Assets 12 110,113

Current Assets(a) Current investments 13 2,653,198 (b) Inventories 14 900,927 (c) Trade receivables 15 10,633,107 (d) Cash and cash equivalents 16 3,052,204 (e) Short‐term loans and advances 17 54,530 (f) Other current assets 18 ‐

Total Assets 31,868,091 Significan Accounting Policies 2 ‐ The accompanying notes are an integral part of the financial statements

As per our report of even date

FOR MINIHYD HYDRAULICS LIMITED

MADHU MITTAL DIRECTOR

Place : FaridabadDATED: 02.05.2017

MINIHYD HYDRAULICS LIMITED

PROVISIONAL BALANCE SHEET AS AT 31st March 2017




EXPENSESCost of materials consumed 9,125,316 Purchase of Stock‐in‐Trade ‐ Changes in inventories of finished goods, work‐in‐progress and Stock‐in‐Trade 21 (65,000) Employee Benefit Expense 22 3,963,998 Other Expenses 23 5,463,894



Financial Costs 24 101,617 Depreciation and Amortization Expense 25 241,936 Profit before Exceptional Items and tax 5,422,314


Tax expense:Current tax 1,816,080 Income Tax Earlier YearsDeferred tax


Earning per equity share: (1) Basic 213.91 (2) Diluted 213.91 The accompanying notes are an integral part of the financial statements











50,00 Equity Shares of Rs. 100/‐ each 5,000,000


16859 Equity Shares of Rs. 100/‐ each fully paid up in cash 1,685,900


1


No. of SharesOutstanding at the beginning of the year 16,859 Outstanding at the end of the year 16,859

4Promoters’ Holding

% Holding No. of SharesNilu Mittal 11.86 2,000 Vijendra Kumar Mittal 56.91 9,594 Madhu Mittal 30.84 5,200



2017 1 General Reserve 1,338,480

2 Surplus (Profit & Loss Account)Balance brought forward from previous year 14,736,781 Add: Profit for the period after Tax as per Profit & Loss Account 3,606,234 Less: AppropriationsPropsed Divedend 421,475 Divedend tax 85,802 Deprecitation of earlier years ‐

Total 17,835,738


31st March 2017

The Company has only one class of shares referred to as equity shares having a par value ofRs. 100/. Each holder of equity shares is entitled to one vote per share.



Note : 5 Deferred Tax Asset (NET)Sr. No


2017

Deferred Tax AssetLeave Encashment/Gratuity/BonusDifference between carrying amount of fixed assets in 37,797 financial statement and tax computation

Total 37,797


Note :6 Long Term ProvisionsSr. No


1 Gratuity 918,903

Total in 918,903

Note : 7 Trades PayableSr. No


1 Micro & Small Enterprises 02 Others 3,694,702

Total 3,694,702



1 HDFC BANK (CH Over Issued) ‐ 2 SBI BANK (CH OVER ISSUED) 1,570 3 ADVANCE FROM CUSTMERS4 Kotak Mahindra Loan 2,274,169 5 Tata Capital Financial Services Limited 2,274,632 6 Stattory Liabilities 71,142 7 Amount Payable to Director 585,000.00 8 Advance Against Sale of Property ‐

Total 5,206,513






1 Proposed Dividend 421,475 2 Tax on Proposed Divindend 85,802 3 Provision for Taxation ‐ 4 Others Provisions 642,781

Total 1,150,058


Notes to Financial Statements for the eyar ended 31st March, 2017

Note : 10 Fixed AssetII. Fixed Assets ` `


Addition during the

year


year

Value at the end


Addition during the

year


year

Value at the end

WDV as on 31.03.2017

WDV as on 31.03.2016

I Tangible Assets1 Land 0 11,921,844 53,985 900,000 11,075,829 ‐ ‐ 11,075,829 11,921,844 2 Buildings 30 2,674,712 1,140,672 1,534,040 1,534,040 ‐ 1,534,040 ‐ 1,140,672 3 Plant & Machinery 15 3,383,257 3,383,257 2,536,017 142,361 ‐ 2,678,378 704,879 847,240 4 Motor Cycle 10 110,956 ‐ 110,956 94,119 4,046 ‐ 98,165 12,791 16,837 5 FURNITURE & Fittings 10 62,526 11,205 73,731 59,399 48 59,447 14,284 3,127 6 Type Writer 10 4,995 ‐ 4,995 4,995 ‐ 4,995 ‐ ‐ 7 Office Equipments 5 197,613 ‐ 197,613 187,074 658 ‐ 187,732 9,881 10,539 8 Car 8 732,324 732,324 600,669 37,147 637,816 94,508 131,655 9 Computers 3 138,547 16,300 154,847 104,083 29,481 133,564 21,283 34,464 10 Electric Fan & Fitting 10 323,374 323,374 233,913 22,668 256,581 66,793 89,461 11 Electric Equipments 10 94,240 ‐ ‐ 94,240 89,461 67 89,528 4,712 4,779 12 Air Conditioner 15 183,970 183,970 154,089 5,460 159,549 24,420 29,881

‐ SUB TOTAL (A) 19,828,358 81,490 2,040,672 17,869,176 5,597,859 241,936 ‐ 5,839,795 12,029,380 14,230,499

II Intangible Assets1 Capital Work in progress 2,327,964 ‐ 2,327,964 ‐ ‐ ‐ 2,327,964 ‐

SUB TOTAL (B) ‐ 2,327,964 ‐ 2,327,964 ‐ ‐ ‐ ‐ 2,327,964 ‐

Total [A + B] (Current Year) 19,828,358 2,409,454 2,040,672 20,197,140 5,597,859 241,936 ‐ 5,839,795 14,357,344 14,230,499 (Previous Year) 19,802,669 11,877,823 11,852,134 19,828,358 6,034,030 379,707 815,878 5,597,859 14,230,498 13,768,639

Depreciaton


Net BlockSr. No

Particulars Year

Gross Block



Particulars As At 31st March‐17

(Unsecured ‐ Considered Good unless othewise stated)II) Security Deposit

a) Government Authorities 17,500 b) Excise Duty Receivablec) Others 89,170

Total 106,670

Note : 12 Other Non Current AssetsSr. No


1 Loan Processing Exp Deferred Expenses 110,113

Total 110,113

Note : 13 Current Investment Other Non Current AssetsSr. No


Non Trade1 (Uquoted Shares)Singla Finance & Investment Pvt Ltd 200,000

2 (Quoted Shares)Temtitaion Food 45,065 Goodluck Steel Ltd 75,498 Roto Pumps 94,742 Sintex Finance & Investment Pvt Ltd 8,325 Mercator Lines 56,367 Cenlub Industries Ltd 2,173,201

Total 2,653,198



1 Raw Material 660,927 2 Work‐in‐Progress 240,000 3 Consumable Stores ‐ 4 Packing Materials

Total 900,927




Particulars As at 31st March‐17


2 Others 10,633,107

Total 10,633,107



1 Cash & Cash EquivalntsCash on Hand 265,844 Balance with BanksIn Current Accounts 2,786,360

Total [ A + B + C ] 3,052,204



(Unsecured, Considered Good)1 Prepaid Expenses2 Taxes and Duties Recoverable / Adjustable 37,820 3 Advance to Suppliers 2,489 4 Other Advances 14,220

Total 54,529



1 Amt.Receivable From M3M india ltd

Total ‐





1 Sales 19,992,461

Total 19,992,461



1 Profit on sale of Factory Shed 60B Sector‐31 Faridabad 4,259,328 2 Dividend Income 893 3 Short & Excess Recovery 1,393

Total 4,261,614



1 Opening StockFinished GoodsSemi Finished Goods 175,000

175,000 2 Closing StockFinished Goods ‐ Semi Finished Goods 240,000

‐ 240,000

(Increase)/ Decrease (65,000)



(Refer Note No.41 On Employee Benefits)1 Salary, Wages, Bonus & Leave Encashment 3,583,440 2 Gratuity ‐ 3 Contribution to Provident and Other Funds 278,678 4 Staff Welfare Expenses 101,880

Total 3,963,998





1 Power & Fuel 819,592 2 Packing Material Consumed 237,361 3 Consumable Store 34,167 4 Job Work Charges 373,092 5 Auditors Remuneration 49,000 6 Advertisement Expenses 46,000 7 Traveling & Conveyance Exp 186,934 8 Telephone Expenses 24,213 9 Rates & Taxes 108,958 10 Rent 1,066,150 11 Repair & Maintenance ‐

Machinery 184,768 Building 42,457

Other 25,154 12 Security Deputation Charges 419,284 13 Professional Charges 1,148,350 14 Insurance Charges 1,191 15 Misc Expenses 249,718 16 Loss on sale of Share‐Unitech ‐ 17 Service Tax Paid 154,225 18 Bad Debts ‐ 19 Business Promotation 293,280

Total 5,463,894



1 Bank Charges 7,181 2 Interest on Term loan 94,436

Total 101,617

Scedule :25 Deprecitation and Amortization ExpensesSr. No

Particulars At As 31st March-17

1 Deprecitation 241,936

Total 241,936


Annexure to Notes

Detail of Statutory LiabilitiesSr. No


1 CST Payable ‐ 2 ESI Payable 7,848 3 PF Payable 30,222 4 Labour Welfare Fund 1,110 5 TDS Payable 27,389 6 Center Excise Duty ‐ 7 Service Tax Payable 4,573

Total 71,142

Deatil of other ProvisionsSr. No


1 Salary/ Wages Payable 447,352 2 Bonus Payable 77,000 3 Director's Remuneration ‐ 4 Satish Singlsb & co 46,000 5 Others 57,239 6 Electricity Expenses 15,190

Total 642,781

Cost of Raw Material ConsumedSr. No


Opening Stock 694,268 Purchase 9,008,268 Freight & Cartage (Inward) 83,707 Total 9,786,243 Less:‐ Closing Stock 660,927 Consumptation 9,125,316

Detail of Packing Material ConsumedSr. No


Purchase ‐ Add :‐ Purchase 237,361 TOTAL 237,361 Less:‐ Closing Stock ‐ Consumptation 237,361


Calculatation of Gross ProfitSr. No


Sales (Total A) 19,992,461 Less:‐Raw Material Consumed (Including Freight) 9,125,316 Conumable Stores 34,167 Packing Material Consumed 237,361 Electricity Expenses & Power Fuel 819,592 Wages 3,862,118 Labour Expenses 373,092 Decrease (increase) in Stock 65,000‐

(Total B) 14,386,646

Gross Profit 5,605,815 G P % 28.04 Raw Material Consumption % 45.32



Non‐Current Liabilities(a) Long‐Term Borrowings ‐(b) Deferred Tax Liabilities (Net) 5 37,797 (c) Long Term Provisions 6 918,903

Current Liabilities(a) Short‐Term Borrowings ‐(b) Trade Payables 7 3,694,702 (c) Other Current Liabilities 8 5,206,513 (d) Short‐Term Provisions 9 1,150,058


ASSETSNon‐Current Assets(a) Fixed Assets Tangible Assets 10 12,029,380 Capital Work in Progress 2,327,964

14,357,343 (b) Non‐current investments ‐(c) Deferred Tax Asset (Net) ‐(d) Long term loans and advances 11 106,670 (e) Other Non‐Current Assets 12 110,113

Current Assets(a) Current investments 13 2,653,198 (b) Inventories 14 900,927 (c) Trade receivables 15 10,633,107 (d) Cash and cash equivalents 16 3,052,204 (e) Short‐term loans and advances 17 54,530 (f) Other current assets ‐

Total Assets 31,868,091 Significan Accounting Policies 2 ‐ The accompanying notes are an integral part of the financial statements






PROVISIONAL BALANCE SHEET AS AT 31st March 2017




EXPENSESCost of materials consumed 9,125,316 Purchase of Stock‐in‐Trade ‐ Changes in inventories of finished goods, work‐in‐progress and Stock‐in‐Trade 21 (65,000) Employee Benefit Expense 22 3,963,998 Other Expenses 23 5,463,894



Financial Costs 24 101,617 Depreciation and Amortization Expense 25 241,936 Profit before Exceptional Items and tax 5,422,314


Tax expense:Current tax 1,816,080 Income Tax Earlier YearsDeferred tax


Earning per equity share: (1) Basic 213.91 (2) Diluted 213.91 The accompanying notes are an integral part of the financial statements











50,00 Equity Shares of Rs. 100/‐ each 5,000,000


16859 Equity Shares of Rs. 100/‐ each fully paid up in cash 1,685,900


1


No. of SharesOutstanding at the beginning of the year 16,859 Outstanding at the end of the year 16,859

4Promoters’ Holding

% Holding No. of SharesNilu Mittal 11.86 2,000 Vijendra Kumar Mittal 56.91 9,594 Madhu Mittal 30.84 5,200



2017 1 General Reserve 1,338,480

2 Surplus (Profit & Loss Account)Balance brought forward from previous year 14,736,781 Add: Profit for the period after Tax as per Profit & Loss Account 3,606,234 Less: AppropriationsPropsed Divedend 421,475 Divedend tax 85,802 Deprecitation of earlier years ‐

Total 17,835,738


31st March 2017

The Company has only one class of shares referred to as equity shares having a par value ofRs. 100/. Each holder of equity shares is entitled to one vote per share.



Note : 5 Deferred Tax Asset (NET)Sr. No


2017

Deferred Tax AssetLeave Encashment/Gratuity/BonusDifference between carrying amount of fixed assets in 37,797 financial statement and tax computation

Total 37,797


Note :6 Long Term ProvisionsSr. No


1 Gratuity 918,903

Total in 918,903

Note : 7 Trades PayableSr. No


1 Micro & Small Enterprises 02 Others 3,694,702

Total 3,694,702



1 HDFC BANK (CH Over Issued) ‐ 2 SBI BANK (CH OVER ISSUED) 1,570 3 ADVANCE FROM CUSTMERS4 Kotak Mahindra Loan 2,274,169 5 Tata Capital Financial Services Limited 2,274,632 6 Stattory Liabilities 71,142 7 Amount Payable to Director 585,000.00 8 Advance Against Sale of Property ‐

Total 5,206,513






1 Proposed Dividend 421,475 2 Tax on Proposed Divindend 85,802 3 Provision for Taxation ‐ 4 Others Provisions 642,781

Total 1,150,058



Note : 10 Fixed AssetII. Fixed Assets ` `


Addition during the

year


year

Value at the end


Addition during the

year


year

Value at the end

WDV as on 31.03.2017

WDV as on 31.03.2016

I Tangible Assets1 Land 0 11,921,844 53,985 900,000 11,075,829 ‐ ‐ 11,075,829 11,921,844 2 Buildings 30 2,674,712 1,140,672 1,534,040 1,534,040 ‐ 1,534,040 ‐ 1,140,672 3 Plant & Machinery 15 3,383,257 3,383,257 2,536,017 142,361 ‐ 2,678,378 704,879 847,240 4 Motor Cycle 10 110,956 ‐ 110,956 94,119 4,046 ‐ 98,165 12,791 16,837 5 FURNITURE & Fittings 10 62,526 11,205 73,731 59,399 48 59,447 14,284 3,127 6 Type Writer 10 4,995 ‐ 4,995 4,995 ‐ 4,995 ‐ ‐ 7 Office Equipments 5 197,613 ‐ 197,613 187,074 658 ‐ 187,732 9,881 10,539 8 Car 8 732,324 732,324 600,669 37,147 637,816 94,508 131,655 9 Computers 3 138,547 16,300 154,847 104,083 29,481 133,564 21,283 34,464 10 Electric Fan & Fitting 10 323,374 323,374 233,913 22,668 256,581 66,793 89,461 11 Electric Equipments 10 94,240 ‐ ‐ 94,240 89,461 67 89,528 4,712 4,779 12 Air Conditioner 15 183,970 183,970 154,089 5,460 159,549 24,420 29,881

‐ SUB TOTAL (A) 19,828,358 81,490 2,040,672 17,869,176 5,597,859 241,936 ‐ 5,839,795 12,029,380 14,230,499

II Intangible Assets1 Capital Work in progress 2,327,964 ‐ 2,327,964 ‐ ‐ ‐ 2,327,964 ‐

SUB TOTAL (B) ‐ 2,327,964 ‐ 2,327,964 ‐ ‐ ‐ ‐ 2,327,964 ‐

Total [A + B] (Current Year) 19,828,358 2,409,454 2,040,672 20,197,140 5,597,859 241,936 ‐ 5,839,795 14,357,344 14,230,499 (Previous Year) 19,802,669 11,877,823 11,852,134 19,828,358 6,034,030 379,707 815,878 5,597,859 14,230,498 13,768,639

Depreciaton


Net BlockSr. No

Particulars Year

Gross Block




(Unsecured ‐ Considered Good unless othewise stated)II) Security Deposit

a) Government Authorities 17,500 b) Excise Duty Receivablec) Others 89,170

Total 106,670

Note : 12 Other Non Current AssetsSr. No


1 Loan Processing Exp Deferred Expenses 110,113

Total 110,113

Note : 13 Current Investment Other Non Current AssetsSr. No


Non Trade1 (Uquoted Shares)Singla Finance & Investment Pvt Ltd 200,000

2 (Quoted Shares)Temtitaion Food 45,065 Goodluck Steel Ltd 75,498 Roto Pumps 94,742 Sintex Finance & Investment Pvt Ltd 8,325 Mercator Lines 56,367 Cenlub Industries Ltd 2,173,201

Total 2,653,198



1 Raw Material 660,927 2 Work‐in‐Progress 240,000 3 Consumable Stores ‐ 4 Packing Materials

Total 900,927






2 Others 10,633,107

Total 10,633,107



1 Cash & Cash EquivalntsCash on Hand 265,844 Balance with BanksIn Current Accounts 2,786,360

Total [ A + B + C ] 3,052,204



(Unsecured, Considered Good)1 Prepaid Expenses2 Taxes and Duties Recoverable / Adjustable 37,820 3 Advance to Suppliers 2,489 4 Other Advances 14,220

Total 54,529



1 Amt.Receivable From M3M india ltd

Total ‐





1 Sales 19,992,461

Total 19,992,461



1 Profit on sale of Factory Shed 60B Sector‐31 Faridabad 4,259,328 2 Dividend Income 893 3 Short & Excess Recovery 1,393

Total 4,261,614



1 Opening StockFinished GoodsSemi Finished Goods 175,000

175,000 2 Closing StockFinished Goods ‐ Semi Finished Goods 240,000

‐ 240,000

(Increase)/ Decrease (65,000)



(Refer Note No.41 On Employee Benefits)1 Salary, Wages, Bonus & Leave Encashment 3,583,440 2 Gratuity ‐ 3 Contribution to Provident and Other Funds 278,678 4 Staff Welfare Expenses 101,880

Total 3,963,998





1 Power & Fuel 819,592 2 Packing Material Consumed 237,361 3 Consumable Store 34,167 4 Job Work Charges 373,092 5 Auditors Remuneration 49,000 6 Advertisement Expenses 46,000 7 Traveling & Conveyance Exp 186,934 8 Telephone Expenses 24,213 9 Rates & Taxes 108,958 10 Rent 1,066,150 11 Repair & Maintenance ‐

Machinery 184,768 Building 42,457

Other 25,154 12 Security Deputation Charges 419,284 13 Professional Charges 1,148,350 14 Insurance Charges 1,191 15 Misc Expenses 249,718 16 Loss on sale of Share‐Unitech ‐ 17 Service Tax Paid 154,225 18 Bad Debts ‐ 19 Business Promotation 293,280

Total 5,463,894



1 Bank Charges 7,181 2 Interest on Term loan 94,436

Total 101,617

Scedule :25 Deprecitation and Amortization ExpensesSr. No


1 Deprecitation 241,936

Total 241,936


Annexure to Notes

Detail of Statutory LiabilitiesSr. No


1 CST Payable ‐ 2 ESI Payable 7,848 3 PF Payable 30,222 4 Labour Welfare Fund 1,110 5 TDS Payable 27,389 6 Center Excise Duty ‐ 7 Service Tax Payable 4,573

Total 71,142

Deatil of other ProvisionsSr. No


1 Salary/ Wages Payable 447,352 2 Bonus Payable 77,000 3 Director's Remuneration ‐ 4 Satish Singlsb & co 46,000 5 Others 57,239 6 Electricity Expenses 15,190

Total 642,781

Cost of Raw Material ConsumedSr. No


Opening Stock 694,268 Purchase 9,008,268 Freight & Cartage (Inward) 83,707 Total 9,786,243 Less:‐ Closing Stock 660,927 Consumptation 9,125,316

Detail of Packing Material ConsumedSr. No


Purchase ‐ Add :‐ Purchase 237,361 TOTAL 237,361 Less:‐ Closing Stock ‐ Consumptation 237,361


Calculatation of Gross ProfitSr. No


Sales (Total A) 19,992,461 Less:‐Raw Material Consumed (Including Freight) 9,125,316 Conumable Stores 34,167 Packing Material Consumed 237,361 Electricity Expenses & Power Fuel 819,592 Wages 3,862,118 Labour Expenses 373,092 Decrease (increase) in Stock 65,000‐

(Total B) 14,386,646

Gross Profit 5,605,815 G P % 28.04 Raw Material Consumption % 45.32

Documents

CENLUB INDUSTRIES LIMITED › finance › annual-reports-of-applicants.pdf1 Vijendra Kumar Mittal 10.80 444,857 2 Madhu Mittal 11.92 491,168 3 Ansh Mittal 8.31 342,342 Note : 4 Reserve